Westlake Corporation has the following information (obtained) from its balance sheet, income statement and statement...
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Accounting
Westlake Corporation has the following information (obtained) from its balance sheet, income statement and statement of retained earnings.
| Increase in current assets | $50 |
| EBIT | $75 |
| Interest expense | $25 |
| Increase in accounts payable | $35 |
| dividends | $15 |
| Increase in common stock | $20 |
| Increase in gross fixed assets | $35 |
| Depreciation expense | $12 |
| Income taxes | $17 |
1.Compute its free cash flow from operations.
2. What are the uses of Westlakes free cash flows.
3. Interpret the results above.
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